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Turkish Premier Slams Credit Cards in Latest Attack on Interest Rate Lobby
Wall Street Journal
Turkey is hell-bent on destroying its newest enemy: the "interest-rate lobby" that the government blames for seeking to destabilize the country for its own profit. And credit cards are the latest front in the fight. "It's not for nothing that I ...
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Wirecard Falls on EU Proposal to Cap Fees on Credit Cards
Bloomberg
The European Union regulator would limit interchange fees paid by retailers to 0.2 percent a transaction on debit-card payments and 0.3 percent on credit cards, according to draft plans obtained by Bloomberg News. Industrywide revenue would drop 48 ...
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Braintree man gets prison term for credit card theft and fraud
Braintree Forum
A Braintree man has been sentenced to 51 months in prison for stealing credit cards from the mail and fraudulently using them. Gerald K. Acholonu, 33, pleaded guilty in March to credit card fraud and stealing mail. U.S. District Court Judge Richard G ...
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Co-branded mobile credit card readers hit the market from iTransact
Mobile Payments Today
Salt Lake City-based iTransact recently introduced co-branded mobile credit card readers for corporate clients intended to make mobile payment transactions effortless, convenient and secure, the company announced. The readers are available for any ...
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Home Care Nurse Used Client's Credit Card, Police Say
Patch.com
According to police, the victim walked into the Tullytown police station on July 15 and told officers that she received a bill for a credit card that she had never activated. The receipt showed that three purchases were made at the Tullytown Walmart ...
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Uptake of credit cards on the rise in UAE
gulfnews.com
"In the last two or three years after the crisis, people are becoming more open to sign up for a credit card. There has been a growing number of customers applying for credit products. I think this is largely driven by the overall positive sentiment in ...
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How to Get Cash Back on Purchases - Without a Credit Card
DailyFinance
AP Rewards credit cards have become so ubiquitous -- and their cash-back rewards so lucrative -- that it's become a common refrain that you're leaving money on the table if you don't have one. But amid all the talk of rotating categories, double ...
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Quincy man sentenced for using stolen credit card numbers
The Patriot Ledger
A Quincy man has been sentenced to almost six years in prison for using stolen credit card numbers to buy more than $64,000 worth of cigarettes and other merchandise in Massachusetts and New Hampshire. U.S. Attorney Carmen Ortiz said Tuesday that a ...
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Wells Fargo CEO Pushes Credit Cards
LowCards.com
Wells Fargo is already showing positive signs in the credit card market. It increased its number of card-holding customers from 31% to 35% in a year's time. Credit card loans rose 9.2% at the bank to $24.8 billion in the second quarter. These numbers ...
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Number of credit cards increased 30% in 5 years in Turkey
www.worldbulletin.net
According to the Interbank Card Center's recent data, the total cost of transactions via credit cards has hit TRY168.2 billion in the first five months of 2013 while it was yearly TRY185.5 billion in 2012. The figure realized as TRY361.3 billion as of ...
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Sector Snap: EU chatter slaps US plastic
Businessweek
NEW YORK (AP) — Credit card companies took a hit Wednesday on a published report suggesting the European Union will try to cap lucrative processing fees. Shares of American Express Co. slid 3.5 percent in early trading, before it posts second-quarter ...
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Turkish PM warns against using credit cards
www.worldbulletin.net
"I call on people not to use credit cards. My people have enormous debt to banks. A single bank -- I will not name it here -- takes in TL 600,000,000 per year through credit card use," Erdogan said in his vehement criticism of the way the financial ...
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Earnings Preview: Capital One Financial's 2Q
San Jose Mercury News
Those factors have made consumers feel wealthier and more willing to spend money and take on more debt for big purchases such as autos—all factors that can drive revenue for credit card issuers and lenders. Capital One posted annual increases in ...
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Pitney Bowes launches white paper to help keep credit card companies current ...
BankCreditNews
Pitney Bowes recently launched a new white paper aimed at helping credit card brands innovate and keep up with technological developments in the industry. Digital wallets have become increasingly popular and have led to numerous industry ...
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How Dunkin Donuts And Others Ended Up Hiring A 'Psychotic' Credit Card...
Business Insider
What Dunkin didn't know, however, was that Kravetz, now 46, had been arrested for stealing credit cards a few months earlier. Stolen goods had been found inside her apartment. Her neighbors lived in fear of her, and regarded her as "psychotic ...
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Why The Lufthansa Miles And More Credit Card Is Worth Considering
The Balance Transfers Blog (blog)
Airline reward credit card users often overlook the attractive products offered by overseas carriers. These cards, offered in partnership with American banks to U.S. residents, are a great way to earn rewards towards overseas flights, but they can also ...
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